Fall 2022
Dear Advisors,

As we approach the holiday season, we want to thank you for the opportunity to work together as you serve your philanthropic clients. Whether we are collaborating on a family's donor-advised fund, a gift of closely held stock, or a Qualified Charitable Distribution to a designated or field-of-interest fund at the community foundation, we are grateful for your partnership.

The holidays are an excellent opportunity for your clients to discuss their family's core values and create giving plans for the new year. With that in mind, the articles in this newsletter are designed to equip you with conversation starters and charitable planning ideas to enrich your client relationships throughout the holiday season and all year long.

In this issue, we’re featuring key strategies to maximize your clients' year-end giving, as well as important messages to share about giving in a bear market. You'll also read about ways your clients can turn the headache of an inherited IRA into an opportunity to support their favorite causes.

We hope you enjoy this issue and, as always, we look forward to hearing your suggestions about topics and resources that would be useful to you as you serve your philanthropic clients. Please don't hesitate to reach out to us for assistance with year-end gifts, or with any other questions your clients may have as they consider their charitable goals for 2023.

With gratitude,
Laura Lederer
Senior Director of Development & Advisor Relations
Akron Community Foundation
330-436-5611
Before your clients ring in the new year, make sure they have maximized their charitable giving for 2022. Gifts made to a charitable fund by Dec. 31 will earn them a tax deduction for the current year while supporting the causes they love for years to come. Here are five tips to help you start the conversation.

As economic challenges continue into the fourth quarter, many of your clients may wonder how the current mix of inflation, rising interest rates, and bear market conditions will impact their charitable giving plans. Here are four messages worth sharing with your clients as they consider year-end giving.

By noticing patterns in your clients' giving habits and offering suggestions to enhance those gifts, you can add even more value to your client relationships. Here’s a simple playbook you can use to help your clients create a giving plan using a donor-advised fund at the community foundation.

The IRS's proposed regulations for inherited IRAs have caused concern for beneficiaries who must now pay taxes on the required annual distributions. If you have a client in this situation, it's a golden opportunity to explain the tax benefits of making Qualified Charitable Distributions from their inherited IRA.

Dec. 14 | 5 to 7 p.m.

Enjoy light appetizers and libations while competing with your colleagues in a series of fun, fast-paced games. Our featured speaker will be Zac Kohl, executive director of The Well CDC.
ACF Launches New Starter Fund Option
Akron Community Foundation recently announced a new charitable fund option for donors who dream of making a difference in their community but may not have the $5,000 minimum donation needed to establish a traditional donor-advised fund. With a donor-advised starter fund, your clients can make an initial gift of just $300 to create their named fund and then grow it over a period of three years. Once their starter fund is fully funded, they can begin making grants to the causes they care about. This option is ideal for both young professionals and emerging philanthropists alike. It's also a great way for your clients to involve their children and grandchildren in their family philanthropy. They can even "gift" a starter fund to a family member and then help them build it up over time. To learn more about this new flexible funding option, contact Laura Lederer.
Advisor Referral Spotlight
In 2015, Bill Choler, a principal with CliftonLarsonAllen, received a phone call from a client asking for advice about starting a private foundation. The client wanted to capitalize on her company's record year of profits by establishing a foundation in honor of her parents, Perrin Asphalt Company owners Charles and Patricia Perrin. Instead, Bill recommended the family start a donor-advised fund at Akron Community Foundation so they could focus on the impact of their grants rather than the administrative work of running a private foundation. The Charles and Patricia Perrin Family Fund was established in December 2015, and the family has since granted more than $70,000 to their favorite charities, including NAMI Summit County, Good Neighbors, and the Ronald McDonald House of Akron. You, too, can help your clients create a lasting legacy with a charitable fund at Akron Community Foundation. To learn more, contact Laura Lederer.
In Other News...
Akron Community Foundation
Akron Community Foundation makes charitable giving easy.
Learn more with our free year-end giving guide:
Additional Resources

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Laura Lederer
Senior Director of Development & Advisor Relations
330-436-5611
Akron Community Foundation 
345 West Cedar St., Akron, OH 44307
Office Hours: 9 a.m. to 5 p.m., Monday through Friday